Sentences with phrase «fiscal impact of tax»

On Tuesday, the Parliamentary Budget Office released a new report on the fiscal impact of Tax Free Savings Accounts.

On Tuesday, the Parliamentary Budget Office released a new report on the fiscal impact of Tax Free Savings Accounts.

The Liberals had estimated the combined fiscal impacts of the tax - rate hike and reduction would basically offset each other.

Not exact matches

Among the things that may have contributed to future sentiments are uncertainty about the country's fiscal stability, taxes, and consumer spending, all of which could severely impact small business owners, Bernstein says.

Taxes «are the biggest part of the entire fiscal cliff, and will have the biggest economic impact,» Whitcomb says.

For Carlos Vargas - Silva, associate professor and senior researcher at the University of Oxford's Migration Observatory, the economic impact of migrants can be read in two ways: a fiscal impact — taxes and contributions that new arrivals will make, minus the benefits and services they receive — and the impact that they have on the labor market, which is essentially whether native workers will be displaced from their jobs or not.

The state is also suffering a major fiscal crisis that is impacting its budget, pension fund and tax revenue — and the capital city of Hartford is teetering on the brink of bankruptcy.

The expected macroeconomic impact of the December 2017 tax reform, particularly the lower corporate tax rate and the temporary full expensing of investment, together with increased government spending, will begin to be felt in the second quarter and emerges as a powerful fiscal stimulus in the remainder of the year and in 2019.

«One thing is for sure,» the reports says, «state and local governments face large fiscal uncertainties and state forecasters are struggling to sort out various impacts of the TCJA on the state tax revenues.»

Looking forward, what is largely missing is the impact of the Fall 2007 tax cuts, which will gain strength in terms of fiscal impact starting in 2008/09.

That is probably good advice, but still — in this post «fiscal cliff» era of higher income tax rates and new healthcare reform - driven investment taxes, it makes sense to at least look at the tax impact of your savings choices.

In the second quarter of fiscal 2018, the company recorded Restructuring charges of $ 33 million and implementation costs and other related costs of $ 26 million in Administrative expenses and $ 1 million in Cost of products sold (aggregate impact of $ 46 million after tax, or $.15 per share) related to these initiatives.

• The character and integrity of those with whom you are doing business • Changing technology as it impacts industries (including the banking industry) • Future changes in the law or even how the law might be interpreted differently 10 years from now • Deteriorating international competiveness (as what happened to our tax code) • Emerging competitive threats • Changes in industrial structure; e.g., new sources of competition • Political influence and unexpected litigation • Public sector fiscal challenges, demographic changes and challenges managing the nation's healthcare resources

In 2007, the fiscal impact of the proposed reductions in the corporate tax rate was estimated by Finance at $ 1.3 billion in 2008 - 09, rising to $ 6.1 billion in 2012 - 13.

In fact, the 2007 estimates were used extensively in presenting the fiscal impacts of all the various tax initiatives afforded to the business sector.

The cumulative impact of tax and fiscal policies might imply a GDP growth rate quarter to quarter of 3.5 % to 4 % in some instances for 2018.

We think the short - term impact of fiscal stimulus (tax cuts and deficit spending) will be positive.

«The reason people are really focused on the fiscal cliff is that if no action is taken, the combined impact of all the tax cuts expiring, tax relief not enacted and automatic spending cuts that will kick in at the end of the year is equal to between a 4 and 5 percent GDP hit to the US economy,» says Simon Roy, president of investing tool Jemstep.

TOKYO (MNI)- The impact of the scheduled consumption tax hike in Oct 2019, in terms of the net burden on households, is expected to be about Y2.2 trillion, smaller than the previous hikes of Y8.0 trillion in fiscal 2014 and Y8.5 trillion in 1997, according to the full text of the Bank of Japan's Outlook Report, released Saturday.

They changed their mind because they concluded that the impact of tax rises and spending cuts on economic growth — the fabled «fiscal multipliers» — has turned out to be a much bigger drag on growth than they, the Government or the OBR originally thought.

By drawing on historical and international experiences of taxing wealth and providing new analysis of the potential fiscal and distributional impacts of reform, the IPPR research aims to provide a more balanced picture of the scope for reforming wealth taxes in the UK.

The combined fiscal impact of the six «100 hours» bills (which implement 9/11 Commission recommendations, close energy tax loopholes and more) is significant: the Congressional Budget Office (CBO) has estimated $ 21.1 billion in savings and revenue over the next ten years if the bills are signed into law.

«The comptroller is really looking at, as we move into next year, whether or not the tax cap, which is at its lower point ever for school districts for the upcoming fiscal year, for 2016 - 17, to see the impact of that and whether or not if forces more districts to spend down that fund balance, to rely on borrowing, and if the impact does push anybody else into fiscal stress next year,» Butry says.

That idea is being floated in some quarters as a way to circumvent the fiscal impact of the new federal tax law's low - SALT diet in high - tax states.

During a two - hour evidence session, the Institute for Fiscal Studies (IFS) and the Resolution Foundation set out the impact of the tax credit cuts, and the best way to mitigate the changes.

In recent years, he's issued dire warnings of impending fiscal doom, called for givebacks by city unions and warned of the impact of too many off - the - tax - rolls non-profit properties in the city.

The fiscal impact for states is projected to accumulate significantly over time as the increase in individual incomes generates additional revenues from income tax receipts — projected to increase by $ 700 million, in present value terms, over the 16 years of implementation according to the North Carolina projection.

I also agree that our three primary areas of contention are: 1) the differences between STC programs and vouchers and their significance; 2) the fiscal impact of STC programs; and 3) who receives tax - credit scholarships.

However, this facile understanding of scholarship tax credits fails to capture its full fiscal impact, since there are also corresponding reductions in state spending.

An independent study of the fiscal impact of Arizona's STC program in 2009 determined that the state saves between $ 99.8 million and $ 241.5 million as a result of its scholarship tax credit program.

His thesis, «Choosing to Learn,» assessed the scholarship tax credit programs operating in eight states including their impact of student performance, fiscal impact, program design, and popularity.

Likewise, in its discussion of the fiscal impact of Indiana's scholarship tax credit law, CTBA focuses solely on the reduction in revenue with nary a mention of the corresponding reduction in expenses.

This report updates a 2005 analysis by Arizona's Joint Legislative Budget Committee (JLBC) that looked at the fiscal impact of a proposed corporate tuition tax - credit scholarship program and reflects the program as actually passed in 2006.

This study analyzes the net fiscal impact that a large - scale education tax credit program would have on the state of Nevada.

It says its base - case outlook only factors in the impact of the expected U.S. fiscal boost, which would help Canada through increased demand, and the effects of Trump's vow to cut corporate taxes, which it notes would hurt Canadian competitiveness.

The update also accounted for some adjustments the government announced last week to its package of tax proposals, including the fiscal impact of its promised tax cuts for small businesses.

Here's what to do now to prepare and soften the impact of expiring tax breaks, spending cuts... (See Fiscal cliff)

A 2014 IMF report (covering over 150 countries) provides estimates for taxes on fossil fuel products to reflect pollution and other environmental impacts associated with energy use, while underscoring the large environmental, health, and fiscal benefits from tax reform and the critical role of finance ministries in administration and ensuring efficient use of revenues.

His thesis, «Choosing to Learn,» assessed the scholarship tax credit programs operating in eight states, including their impact of student performance, fiscal impact, program design, and popularity.

Like his field of research, he often blogs about fiscal policy issues and the macroeconomic impact of tax policies.

[27] Nick Kasprak, «The Potential Impact of Expiring Tax Cuts on Low - Income Taxpayers,» Tax Foundation Fiscal Fact No. 250, October 7, 2010, at http://www.taxfoundation.org/news/show/26766.html (April 28, 2011).

Frey's organization has been studying the impact of such investment and has found that — while the numbers vary due to differing tax rates and economies — the fiscal return in property taxes and sales tax is significant.

Every quarter, NAR Research compiles and publishes local information on markets, state taxes and fiscal conditions, wealth gain by metro area, subprime ARM performance, mortgage conditions, the economic impact of real estate, and existing home sales and prices.

A: Research has local information on markets, state taxes and fiscal conditions, wealth gain by metro area, subprime ARM performance, mortgage conditions, the economic impact of real estate, and existing home sales and prices.

«The question for 2018 is less about the impacts of the tax cuts for consumers and corporations than about how the Fed manages the pace of monetary policy normalization amid a stimulative fiscal environment,» Duncan says.

Although the immediate state of the economy is healthy, experts discussed tax reform's potentially negative impact on housing and the U.S.'s overall fiscal future at the National Association of Business Economists (NABE) annual policy conference in Washington, D.C., last week.

«While consumers seemed to have shrugged off their concerns about the fiscal policy debate earlier in the year, they will likely face headwinds in coming months from the delayed impact of higher social security taxes and sequestration,» says Fannie Mae Chief Economist Doug Duncan.

«Nobody likes taxes, but the public has been adamant that a second land transfer tax is not the right approach to addressing the city's fiscal challenges because it could make the dream of home ownership more difficult to achieve for home buyers, while impacting property values for some current home owners.